R.S. 9:2203

Balancing losses against gains ACTIVE

A trustee who is liable for a loss occasioned by one breach of trust cannot reduce the amount of his liability by deducting the amount of a gain that has accrued through another distinct breach of trust; but if the two breaches of trust are not distinct, a trustee is accountable only for the net gain or chargeable only for the net loss resulting therefrom.

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Cite R.S. 9:2203

Bluebook
La. Rev. Stat. Ann. § 9:2203 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-2203
BibTeX
@misc{larevstat-9-2203,
  title        = {La. Rev. Stat. Ann. § 9:2203},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-2203},
  note         = {Snapshot 2026-05-22}
}